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Intellicheck (Intellicheck) Gross Margin % : 90.71% (As of Mar. 2024)


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What is Intellicheck Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Intellicheck's Gross Profit for the three months ended in Mar. 2024 was $4.25 Mil. Intellicheck's Revenue for the three months ended in Mar. 2024 was $4.68 Mil. Therefore, Intellicheck's Gross Margin % for the quarter that ended in Mar. 2024 was 90.71%.


The historical rank and industry rank for Intellicheck's Gross Margin % or its related term are showing as below:

IDN' s Gross Margin % Range Over the Past 10 Years
Min: 57.13   Med: 86.11   Max: 92.73
Current: 92.36


During the past 13 years, the highest Gross Margin % of Intellicheck was 92.73%. The lowest was 57.13%. And the median was 86.11%.

IDN's Gross Margin % is ranked better than
95.26% of 2635 companies
in the Software industry
Industry Median: 41.74 vs IDN: 92.36

Intellicheck had a gross margin of 90.71% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Intellicheck was 0.40% per year.


Intellicheck Gross Margin % Historical Data

The historical data trend for Intellicheck's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intellicheck Gross Margin % Chart

Intellicheck Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.00 86.72 78.58 92.01 92.73

Intellicheck Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 92.20 92.54 91.01 94.92 90.71

Competitive Comparison of Intellicheck's Gross Margin %

For the Software - Application subindustry, Intellicheck's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intellicheck's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Intellicheck's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Intellicheck's Gross Margin % falls into.



Intellicheck Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Intellicheck's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=17.5 / 18.906
=(Revenue - Cost of Goods Sold) / Revenue
=(18.906 - 1.375) / 18.906
=92.73 %

Intellicheck's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=4.2 / 4.68
=(Revenue - Cost of Goods Sold) / Revenue
=(4.68 - 0.435) / 4.68
=90.71 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Intellicheck  (NAS:IDN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Intellicheck had a gross margin of 90.71% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Intellicheck Gross Margin % Related Terms

Thank you for viewing the detailed overview of Intellicheck's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Intellicheck (Intellicheck) Business Description

Traded in Other Exchanges
Address
200 Broad Hollow Road, Suite 207, Melville, NY, USA, 11747
Intellicheck Inc is a trusted industry leader in technology solutions that stop identity theft and fraud with real-time identification authentication and age verification. The company makes it possible for its clients to increase revenues, improve customer service, and increase operational efficiencies. Under the new direction, the company is focused on partnering with banks and credit card issuers, and retailers to prevent fraud. It derives revenue through Sales of systems, subscription fees, Sale of software upgrades, and extended maintenance programs.
Executives
Jonathan Robins officer: Chief Technology Officer 200 BROADHOLLOW RD., SUITE 207, MELVILLE NY 11747
Jeffrey Ishmael officer: Chief Financial Officer 200 BROADHOLLOW RD. STE 207, MELVILLE NY 11747
Guy L Smith director 246 CROSSWAYS PARK WEST, WOODBURY NY 11797
Bryan Lewis officer: President and CEO 100 JERICHO QUADRANGLE, SUITE 202, JERICHO NY 11753
Russell T Embry officer: Sr VP & Chief Technology Off. INTELLI CHECK INC, 246 CROSSWAYS PARK, WOODBURY NY 11797
Garrett Gafke officer: President 200 BROADHOLLOW RD., SUITE 207, MELVILLE NY 11747
Gregory Braca director 11952 SOUTH EDGEWATER DR., PALM BEACH GARDENS FL 33410
Dondi Black director 200 BROADHOLLOW RD. STE 207, MELVILLE NY 11747
Billy Joe White officer: CFO, Secretary and Treasurer 191 OTTO ST., PORT TOWNSEND WA 98368
Dylan Glenn director 535 BROAD HOLLOW ROAD, SUITE B51, MELVILLE NY 11747
Amelia Ruzzo director 535 BROAD HOLLOW ROAD, SUITE B51, MELVILLE NY 11747
David E Ullman director C/O 500 HANOVER PIKE, HAMPSTEAD MD 21074
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Michael Malone director 191 OTTO STREET, PORT TOWNSEND WA 98368
William H Roof officer: VP & COO 191 OTTO STREET, PORT TOWNSEND WA 98368